2026 (9) TMI 266

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....lip, Advocate For the Respondent : Sri. Sangram S. Kulkarni, Advocate ORAL JUDGMENT : Heard the learned counsel appearing for the appellant and the learned counsel appearing for the respondent. 2. This appeal is filed challenging the order dated 03.04.2021 passed by JMFC III, Belgaum in CC NO.724/2014. 3. Learned counsel appearing for the appellant-Income Tax Department would urge t....

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....rder. 6. It is noticed that the assessment proceeding took place and the order is passed against the assessee and same was subject matter of appeal before the Appellate Authority. The Appellate Authority confirmed the order of the Assessing Authority. Both orders are questioned before the Income Tax Appellate Tribunal ("Tribunal"). 7. The Tribunal allowed the matter in part, set-aside the or....

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....impugned order has to be set aside and the matter requires to be remanded to the Trial Court. 11. Trial Court shall apply its mind to the subsequent developments taking note of the same, the Trial Court shall pass appropriate order in accordance with law. ORDER (i) The appeal is allowed in part. (ii) The impugned order dated 03.04.2021 passed by JMFC III, Belgaum in CC NO.7....